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What happens to the stocks if they do not comply? We just lose everything?
I will do DD doodoo when the few pink sheet stop signs uplist.
If PCHM would go to big boards I could transfer. I don't want to sell.
One could only hope. LOL
Choicetrade sounds like a scam lol. The reviews look awful with a ton of random fees attached to everything.
Good luck finding a real broker!
I haven't tried to sell or buy. I am afraid Choicetrade will just steal the stock from me. I got slammed a few years ago with every otc was hit with a $10 a month fee so I had to unload all of my otcs ....lost a bunch of money.I kept PCHM They have a ton a fees Even if a stock moves up or down too much, which PCHM does, some kind of a blue fee.
Very unscrupulous broker Sell below a $1.00 they get a percentage of sale.
I just don't trust them. They are located in Puerto Rico. It used to be a really good brokerage. Was Lowtrades I think and got bought out. I have tried to transfer my account but no one will take PCHM so I am stuck.
$120 a year is a lot of money to me. Just got lucky with PCHM.
Please keep me updated. The company seems like they care about their investors.
they say they have intention to uplist and remain compliant
but if I read right is your broker only allowing sell side?
if so I wonder what other broker are doing the same?
thnx
Thank the lord... Thank you for your info. I don't intend to sell. But choicetrade finds reasons to penalize my account. I have to pay $120 a year just because it is otc or less. I have tried to transfer out of choicetrade but brokers won't accept otc transfers. If you know of a broker that will allow me to transfer, please let me know. Thanks again.
Page 2 of their shareholder letter refers to the plan.
"Help. I'm up 100 fold".
https://s3.amazonaws.com/com-pharmcheck-cdn/document-uploads/12.31.2020-Letter-to-Stockholders.pdf?mtime=20210423160224
And they removed "Schedule 14A Information" the day after.
HELP I have been in pchm since 4/09 .0046. I just received a notice from Etrade.
On September 28, 2021, new requirements take effect that will impact the market for—and value of—certain “over-the-counter (OTC) securities” you currently hold or have held in the past. The new rules apply to “Pink No Information” OTC securities of companies that fail to publicly report and keep current financial and other company information and will restrict the ability of U.S. brokers, like E*TRADE from making these products generally available.
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.
Does this pertain to PCHM? It is stuck in Choicetrade and they are the worse about penalties but no other broker will accept a transfer.
Any information would be appreciated.
Thanks
whoever sucked up that $6M in shares has an outlook for this little cash cow that the sellers don't realize ...? was it a controlling block?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163897461
GO FRAZ
PCHM
Annual Shareholder Meeting notice has been changed on their website
They label it as "Schedule 14A information".
Can this be their first step towards being compliant with Pink Sheet Limited requirements in the future?
Does this mean that we will see filings of every communication going forward?
FRAZ FRAZ FRAZ 574K O/S if you haven't already now is a great time >>> https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162664753
Increasable PCHM $VOLUME unlike anything ever seen before
Go FRAZ
Great News ....
We enjoyed significant increases in our retail segment as existing and new customers expanded their use of the Sweat Patch, while other customer channels terminated testing due to the pandemic. In particular, federal probation and other government agency sales ceased during the
first half of the year and continued to be weak during the second half as drug testing was curtailed. (Opportunity we achieved record growth without this very important segment)
Our product sales rose over 40% while screens increased 10%. This translates into a significant amount of Sweat Patch inventory residing with our customers. Our task is to leverage this into future lab screening. (90% untapped $$ Opportunity)
Our 2020 marketing plan was severely limited as conferences were canceled. We initiated a partial work-from-home schedule for our employees, which provided a safe work environment. We expanded and enhanced our video training programs that enabled us to conduct web-based training sessions for new and existing customers. In addition, we participated in several virtual conferences and followed-up with our customers to ensure their continued use of the Sweat Patch.( we accomplished best year on record with limited marketing capacity wow!)
The President recently announced he is directing $2.5 billion to address mental health and addiction crises. This may include $1.65 billion (administered by SAMHSA) of additional funding block grants whereby states and territories would receive money to improve alreadyexisting treatment infrastructure, and create or improve current prevention treatment programs. The timing and allocation of these funds have not yet been determined and we will monitor its development. (no spends like good ol' Uncle Sam could be a wind fall)
the lines are filed with silver
https://thumbor.forbes.com/thumbor/711x474/https://specials-images.forbesimg.com/imageserve/671985032/960x0.jpg?fit=scale
GrOw PCHM
so more like 2022 and that largely depends on many unknown factors
side note NIH sweat patch testing many new tests for a variety of purposes but I picked this one as it relates to abuse disorder treatment
2021 Mar 22;12:642813. doi: 10.3389/fpsyt.2021.642813. eCollection 2021.
Alcohol Use Disorder in the Age of Technology: A Review of Wearable Biosensors in Alcohol Use Disorder Treatment
https://pubmed.ncbi.nlm.nih.gov/33828497/
Go PCHM
Cash sits at $1.34 per share, $1.13 per share fully diluted.
Take 12 cents out for the dividend which brings us to $1.22.
Can someone double check this work.
They earned 15 cents in the second half of 2020.
On no analysis, let's say they earn 30 cents in 2021.
I should have stuck to no analysis after their last report.
Bump up the cash by 30 cents.
That brings us closer to $1.50 than $2 by year end.
I am not taking in to account any capital investments.
Is it true that in the second half of 2020,
they earned $850,000 but cash grew $1.4 million?
Can anyone explain that one.
only if the growth trend stays intact the progress has been made y/y
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163416966
Mike Tyson said 'everyone has a plan till they get punched in the face'
to Mr. Halligans credit they sure have been scrapping it out
You expect them to make $5-6 million after tax?
I enjoy a fanciful delusion now and every then but I usually don't propose them in public...
conceivably we can be at or close to $2 a share in Cash by the end of 2021
the trends are very much intact looking forward to the Dividend invertors conference and 1/2 year periodical in the form of an up listing that they mentioned ...
question if the lab is changing their equipment does that mean we can have the old stuff at fire sale prices? that would be a gift to control the process from start to finish. I would Imagine the Margins would improve tremendously?
Not bad... not bad at all
That's not even including dividends paid out each year I'm assuming :)
Great Summation! your point is very hard to dispute
Cash Position y/y
3/31/11 $897,549
12/31/12 $951,919 (increase $54,376)
12/31/13 $1,056.900 (increase $105,041)
12/31/14 $1,620,886 (increase $563,906)
12/31/15 $2,303,503 (increase $682,687)
12/31/16 $2,928,499 (increase $624,996)
12/31/17 $3,858,172 (increase $929,673)
12/31/18 $5,011,309 (increase $1,153,137)
12/31/19 $6,121,788 (increase $1,110,479)
12/31/20 $7,835,349 (Increase $1,713,561) Up 28% Y/Y
Despite all the challenges this year of pandemic presented I would like to congratulate the Team at PCHM for another great fiscal year.
Thank You
Go PCHM
Handling other people's urine in today's world is problematic and should bode well for the more touchless patch.
Sales up
Profit up
Cash up
Dividend approaching 3%
How much did Amazon pay out to stockholders in 2020?
I'd say good not great.
Covid is a double-edged sword. Looks like current customers are doing less testing but there are quite a few new customers. But the new customers are taking longer than expected to get patches on arms. That should pick up in the future. So we're at +20% y/y revenues.
Operating Income +31% is a good sign for sure (let's go cost discipline!). Having to pay taxes is now showing up and hurting a bit though :)
Nice +20% increase in regular dividends to 0.12.
Looking forward to what management says at the annual meeting, potential buyout, how the new $1.65B from the Biden admin for drug treatment are used.
So what does everybody think of the results? Underwhelming, overwhelming or as expected? Any prediction on Monday stock prices?
Second half was $3.2 million in revenues.
opened .50c lower today? did we just go ex. Dividend?
Go PCHM
>.38c paid Dividends list https://www.otcmarkets.com/stock/PCHM/security
Dividends & Splits
DividendsSplits
DATE TYPE CASH AMOUNT SHARE AMOUNT * EX DATE RECORD DATE PAY DATE
05/18/2020 Ex-Dividend 0.10 — 05/18/2020 05/19/2020 06/09/2020
09/16/2019 Ex-Dividend 0.12 — 09/16/2019 09/17/2019 10/01/2019
12/20/2018 Ex-Dividend 0.06 — 12/20/2018 12/21/2018 01/07/2019
12/20/2017 Ex-Dividend 0.05 — 12/20/2017 12/21/2017 01/08/2018
12/09/2016 Ex-Dividend 0.05 — 12/09/2016 12/13/2016 01/04/2017
with a .50c + dividend
not unfathomable
plus there is still the question of the war chest of cash they have been building up?
this years guidance might be interesting
like all the BIDEN cash spend and how it relates to us
merger / acquisition / JV / buyout
24/7 sobriety type programs are growing drug courts ect ect
wonder where we come in at for new customers accounts for the year
and how Joe may have had to cancel his tropical vacation that he deserves due to covid??)
50 states as opposed to 2000 counties is a $15-20 stock haha. Now try the math to see if I'm right in my one second of extrapolating guessing.
as far as extrapolation in it's simplest form I think it's a good gage as an example the Idea of Loudoun as a county and using that as a figure across 50 states it's within reach not crazy achievable but looking forward to see what's up
My DD you point to are just themes, not estimates.
>>The Ubiquitous Rise of PatchTek ....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162895081
stay tuned next chapter is on the way in the chronicles of the life of a patch
have you seen this the next gen stuff https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163274077
Go PCHM
Or two days till letter is out.
GLTA
Less than two weeks to go IMO.
Time for some Strategic Alliances? be it with TRCK ALCOPRO or PMD or any other...
Jv, Merger, partnership, spinoff or Investment
I'm still very optimistic for a tech type solution this one looks very promising
https://www.indiatimes.com/technology/news/wearable-sensor-drug-detection-sweat-sample-533919.html#:~:text=Scientists%20Build%20Skin%20Sensor%20To%20Detect%20Drugs%20Instantly%20From%20Your%20Sweat,-1%20min%20read&text=A%20new%20research%20aimed%20at,the%20sweat%20of%20a%20person. who ever gets it first takes the cake! as a sweat testing company PCHM has a unique opportunity to pioneer the tech IMO
Sweat-based Wearable Enabling Technology for Real-time Monitoring
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=159163133
Sweat was collected using an FDA-approved PharmChek patch EXAS
Go PCHM V 2.0 PatchTech
I'm of the opinion where there is Scram bracelets we are not far behind
any third party vendor/lab I'm assuming can create their own custody mythology in accordance with what ever governing body applies to that particular region and would not necessarily have to be in the control of PCHM
essentially selling them patches for 'Research'
after all it's only been about a decade we've been tracking the growth of pharmchem the next 10 years are wide open ...
I was told "no" about London many years ago.
Someone should ask the company about the non "mainly for research" business. What is the chain of command?
"Mainly for research" is how they usually worded international business.
46 (2016) 48 (2017) 47 (2018) were the last times they reported the number of states they were in.
right! so 50 states plus territories
also what they refer too as 'international sales for research'??
does that 'research' mean researching drug level of 24/7 sobriety type participants on other continents ....?
https://www.prnewswire.co.uk/news-releases/the-ministry-of-justice-announces-national-rollout-of-sobriety-tag-programme-809334353.html
Go PCHM
This is not a story from the U.S. mainland, but a Commonwealth. The newspaper is based in Saipan and she was convicted in Guam.
ttps://en.wikipedia.org/wiki/Saipan
Surrrre It Did? https://mvariety.com/news/drug-defendant-says-her-sweat-patch-may-have-fallen-off/article_ae9a6ce2-9823-11eb-a5a9-cb38fceee5cf.html
Bryan Manabat Apr 9, 2021
Go PCHM
Will PCHM be a beneficiary of increased funding from the American Rescue Plan?
We are days away from the Letter To Shareholders.
houndlabs.com Hi Joe! maybe look into these new products MARIJUANA BREATHALYZER they may be in search of a partner ...? just spit balling...
also doesn't have to be that particular one there are others as well
could double and triple the amount of people in the 24/7 programs overnight ?
GO PCHM
SD 24/7 March 2021
https://atg.sd.gov/legal/DUI247/statistics.aspx
2,747 participants up from 2,711 participants last month.
36 participants in the program in March. Typical.
28,894 tests administered up from 28,455 last month.
439 tests administered in March. Very very good number.
There have been only three better months for tests administered ever. They were in 2018 and not too much higher.
As for unine analysis. 13,673 participants, up from 13,573 participants last month.
100 participants in March being tested with urine analysis.
26.4% market share for the patch. (36 on the patch out of 136 patch plus urine)
We had our market share gains last year, from the low 20's to the high 30's, but now we are normalizing to older market share numbers.
As the company suggested last year, this would happen.
PCHM
Anyone following FRAZ here must read this https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162999487 NAILED IT please double check my work any comments or thought would be greatly appreciated
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